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Listed by Mizell Ewing, Jr. Coldwell Banker, Wayne
$ 549,000
Est. payment /mo
Price Dropped by $45K
15 3rd ST Paterson, NJ 07522
7 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26019901
Style 2 Family
Bedrooms 7
Full Baths 2
Half Baths 1
Property Sub-Type 2 Family
Property Description
GREAT INVESTMENT OPPORTUNITY FOR BOTH USER AND INVESTOR. PRICE IMPROVEMENT - NOW $549,000! Exceptional opportunity for both owner-occupants and investors to own this beautifully renovated income-producing multi-family property. Featuring two spacious units plus a 3rd-floor ADU with 2 bedrooms, kitchen, and bath, this property offers outstanding rental income potential and flexible living arrangements. The first-floor unit features elegant Spanish porcelain flooring, a large living room, a brand-new eat-in kitchen with custom quartz countertops, two generously sized bedrooms, and a fully renovated bath. The expansive second unit spans the second and third floors and showcases premium Italian wood-look porcelain flooring, a spacious living room, a new kitchen with quartz countertops, five bedrooms, and 1.5 baths. Additional improvements include separate and updated utilities, upgraded electrical panels, newer backyard stairs, a private backyard, and a full unfinished basement offering additional storage and future possibilities. Conveniently located near public transportation, schools, parks, shopping, and restaurants. Whether you're looking to live in one unit and generate rental income from the others or add a strong cash-flowing asset to your portfolio, this turn-key property delivers exceptional value at $549,000. Second-floor tenant will vacate at closing.
Location
State NJ
County Passaic
Interior
Laundry None
